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AN East African Community (EAC) high level delegation in Juba, South Sudan, has been assured that the current conflict in some parts of the country will soon be sorted out. South Sudan Vice-President, Mr James Wani Igga, affirmed that Jubans would soon resume their normal lives and enjoy the fruits of an independent nation. A […]
The Eastern and Southern African Small Scale farmers’ Forum (ESAFF), in partnership with national farmers’ organisation (Mviwata) and Gret, a French based consulting firm, have organised a three-day regional workshop on bulk markets and cross border trade to begin today. According to Mviwata Executive Director, Stephen Ruvuga, the three-day meeting is convened to share experience […]
As the World Trade Organization nations approach the July 31 deadline to ratify the Bali Trade Facilitation Agreement, dozens of trucks wait in queue to cross the border from Kenya to Uganda. Hauling tomatoes along East Africa’s northern border, these truckers have lost up to four hours in reduced speed because of poor road conditions […]
Yesterday, the Corporate Council on Africa and the Government of the Republic of Kenya presented the Doing Business in Kenya Forum, an all-day conference focused on trade and investment opportunities in one of Africa’s largest economies and the anchor nation of the East African region. Of the various initiatives which were detailed by the participating […]
The government has put in strategic plans to build a new railway line from Dar es Salaam to Mwanza linking central regions up to Burundi via Isaka, Prime Minister Mizengo Pinda said yesterday. The premier made the statement at Reading in London, UK, when he talked to Tanzanians living there in a meeting at the […]
The East African Business Council is cautioning the bloc against allowing export processing zone investors to fully access the regional market, saying such a move would be against the Customs Union Protocol. Kenya has asked the East African Community to remove restrictions on investors in the EPZs so that they can sell 100 per cent […]
The advent of the Single Customs Territory is a major step towards rebooting intra-regional trade and implementing the East African Common Market. Already, importers from landlocked countries using the ports of Mombasa and Dar es Salaam have started reaping the benefits due to the short time taken to transport goods to various destinations. For instance, […]
East African Community partner states-Tanzania, Kenya, Uganda, Burundi and Rwanda have recently agreed to implement a regional payment system that will settle across border payments from the EAC on real time. Speaking to the Guardian in an exclusive interview at the Bank of Tanzania’s pavilion (BOT) during the just ended 38th Dar es Salaam International […]
The governments of Tanzania and Zambia have revealed plans to pump $80 million into its jointly owned loss-making railway venture, Tanzania-Zambia Railway Authority (TAZARA) in the next twelve months. Company spokesman, Conrad Simuchile said $9.2 million of the injected fund will be released immediately to cater for two months of outstanding employees’ salary arrears and […]
East African states need a working political federation and an integrated financial system for the planned monetary union to succeed, the Kenya Bankers Association yesterday said. According to the KBA, the East African Community financial sector has not fully responded to the region’s integration process while the states differ in fiscal policies. “There will be […]
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